What does being sued by a credit card company mean? I received court documents. what does this mean?

Question

Do I have to show up? I am on unemployment and cannot afford to pay them. What happens next?

Answer 1

it means they cold be looking to garnish your wages for payment - and they might be able to garnish your unemploymnet benefits

Answer 2

It means you didn't agree to the terms and conditions of the credit card application and account holders agreements. Which in lay-mans terms, they gave you credit and you shafted them by not paying.

When you are seriously defaulted and they are satisfied you don't plan on ever paying, they'll sue you in an attempt to recoup what you owe them. They're taking you to court, so that they can get permission to garnish your wages, sell your possessions, put a lien on property, tax refunds, etc... anything to get their money back.

If you are unemployed but able-bodied the court may give you say 90 days to get a job, so get cracking.

Answer 3

If you don't show up to the court date, they will get a default judgement, if granted they can garnish wages, if your working, and/or bank account if you have one. You should show up and make a pay arrangement or at least face the judge and tell them you are un employed and willing to pay something, even if it's a small amount until you can pay more. Good Luck!

Answer 4

Do not make the mistake of not appearing for your court hearing, if you miss it, a default judgment will be passed against you.  This could mean possible wage and/or bank account garnishment.  Get help from an attorney and present your case to the judge.  You will have to reach a payment agreement, the judge will decide on the amount and the time you get to pay it back.

Answer 5

The first answerer hit the nail on the head so to speak. You might also consider going to a bankruptcy attorney to see what your options are. Most will give you a free 1st time consultation. If you're not comfortable doing this you might try going to a credit counseling service, but make sure you go to one that is recommended by the National Foundation for Credit Counseling. Keep in mind though that a credit counseling service can not give you any sort of legal advice.

http://www.nfcc.org

More debt info:

http://www.ftc.gov/bcp/conline/pubs/cred...

Answer 6

The first poster is correct if you do not show up they will be awarded a judgment by default and at that point will be able to garnish your wages when you go back to work (if your State allows it), attach bank accounts and file liens on any property you may own like cars, boats, land and homes.

This doe's not mean they can take these items they can't, what it means is if you were to sell them you would have to pay the credit card company first out of the profits.

Show up and plead your case, you don't have a job so there really is not a lot they can do right now but if you don't show up you will lose for sure.